This week in the crypto world saw significant events: Donald Trump's new Crypto Strategic Reserve, ByBit's security breach, and football star Ronaldinho's token launch.
Trump's Crypto Strategic Reserve
U.S. President Donald Trump announced the establishment of a Crypto Strategic Reserve, which will hold Bitcoin, Ethereum, XRP, Solana, and Cardano. This decision follows the executive order on digital assets from January.
Major ByBit Hack: $1.39B Loss
Hackers managed to launder 499,000 ETH ($1.39B) stolen from ByBit in just 10 days, using THORChain and anonymous platforms without KYC to cover their tracks.
Ronaldinho's STAR10 Token: Breakthrough or Deception?
Brazilian football icon Ronaldinho launched a new token, STAR10, on the BNB Chain, offering fans exclusive perks. However, amid suspicions of insider trading, investors question if this is a true Web3 breakthrough or a mere commercial endeavor.
This week's events highlight the importance of vigilance and active observation of trends in the crypto world as new projects and initiatives can significantly impact the market.
